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Union Budget

Feb 2nd 2021

Union Budget Expenditure-FY2021-22

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In fiscal 2020-21, total expenditure RE at Rs 34 trillion, posting an increase of 13% over budgeted estimates. Budgeted revenue expenditure in Fy22 is Rs 16.8 trillion (excluding state grants) which reflects decrease of Rs 1.2 trillion against FY21. The revenue expenditure is estimated at 48% of the total expenditure. The major components of the revenue expenditure of the Government include Interest payments and debt servicing (23% of total expenditure), Subsidies (10% of total expenditure), Salaries and Pensions (5% of total expenditure), Defence expenditure (10% of total expenditure.

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C S S Nikhil Bhargav

In fiscal 2020-21, total expenditure RE at Rs 34 trillion, posting an increase of 13% over budgeted estimates.  Budgeted revenue expenditure in Fy22 is Rs 16.8 trillion (excluding state grants) which reflects decrease of Rs 1.2 trillion against FY21. The revenue expenditure is estimated at 48% of the total expenditure. The major components of the revenue expenditure of the Government include Interest payments and debt servicing (23% of total expenditure), Subsidies (10% of total expenditure), Salaries and Pensions (5% of total expenditure), Defence expenditure (10% of total expenditure.

 

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